AltsTech News
AltsTech News
Retail Sales
Shoppers remained active at the end of the summer, driven by online spending and back-to-school sales. Overall, core retail sales…
Procaccianti Hotel REIT to Pay Accrued Distributions for Q3 2020 and Q4 2020
On September 24, 2021, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. authorized the payment of distributions out of legally…
Healthcare Trust Announces Series A Preferred Stock Dividend
Healthcare Trust, Inc. (Nasdaq: HTIA) (“HTI”) announced today that it intends to continue to pay dividends on a quarterly basis…
Prospect Capital Corporation Announces Pricing of $300 Million of 3.437% Notes due 2028
Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $300 million in aggregate principal amount of 3.437% notes due 2028…
One-Third Of All Digital Retail Sales Will Be Fulfilled By Stores
Nearly a third of all digital retail transactions will be fulfilled by a physical bricks-and-mortar location, according to new research from Colliers, as more and…
Benefit Street Partners Realty Trust and Capstead Mortgage Corporation Amend Merger Agreement
Benefit Street Partners Realty Trust, Inc. (the “Company”), Rodeo Sub I, LLC, a wholly-owned subsidiary of the Company (“Merger Sub”), Capstead Mortgage Corporation…
InvenTrust Properties Corp. Closes on $750 Million Amended Unsecured Credit Facility
InvenTrust Properties Corp. (“InvenTrust”, “IVT” or the “Company”) today announced that it has closed on a $750 million amended unsecured credit facility…
Capital Square 1031 Acquires Newly Constructed, Luxury Multifamily Community in Downtown Chattanooga
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of 17 Broad…
Which developer of self storage properties uses a patented algorithm to identify sites for its developments?
Leitbox Storage Partners utilizes a proprietary algorithm (Leitbox Sitefinder) to identify supply and demand imbalances for self storage investment throughout the United States.
CIM Real Estate Finance, CIM Income NAV to Combine in Stock-for-Stock Deal
CIM Real Estate Finance Trust Inc. agreed to merge with CIM Income NAV Inc., a fellow nontraded real estate investment trust managed by CIM Group LLC’s affiliates, in a stock-for-stock transaction.
An Option for Streamlined Settlement of Private Placement Bonds
An Option for Streamlined Settlement of Private Placement Bonds September 1, 2021 | Tim Cook In...
Which nontraded REIT that reported sales to Blue Vault raised the most capital in August 2021?
Black Creek Industrial REIT IV reported sales of $148.2 million in August 2021, up from $139.5 million in July, including DRIP proceeds…
iCapital Network® to Acquire Axio Financial, a Leading Service Provider to the U.S. Structured Notes Market
iCapital Network® to Acquire Axio Financial, a Leading Service Provider to the U.S. Structured...
Continuously Offered Nontraded REITs Have Excellent Returns in August
When it comes to volatility, the monthly total returns on the S&P 500 index was 3.90% compared to the standard deviation of the median returns on the continuously offered nontraded REITs was just 0.50%.
InPoint Commercial Real Estate Income, Inc. Announces Closing of Upsized Public Offering of Preferred Stock
The Company intends to contribute the net proceeds from the offering to its operating partnership, InPoint REIT Operating Partnership, LP…
Lightstone Real Estate Income Trust Renamed “Lightstone Value Plus REIT IV, Inc.”
On September 15, 2021, Lightstone Value Plus REIT IV, Inc. (the “Company”) filed Second Articles of Amendment to the Company’s Articles of Amendment…
InvenTrust Properties Corp. to Pursue a Listing on the New York Stock Exchange
InvenTrust Intends to Commence a $100 Million Modified “Dutch Auction” Tender Offer Concurrently with the NYSE Listing…
Which former nontraded REIT which has been a listed REIT is being acquired by PIMCO?
Columbia Property Trust, Inc. was formed in 2003 as a nontraded REIT then known as Wells Real Estate Investment Trust II, Inc., sponsored by Wells Capital Inc.
Capital Square Launches CSRA Opportunity Zone Fund VI to Develop Luxury, Mixed-Use Multifamily and Retail Property in Raleigh, N.C.
Capital Square, a leading sponsor of tax-advantaged real estate investments, announced today the launch of CSRA Opportunity Zone Fund VI, LLC…
Griffin Institutional Access® Real Estate Fund Announces Third Quarter Distribution
Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (the “Fund”) a third quarter distribution of…
